If the Average Variable Cost Curve Is Above the Marginal

question 342

Multiple Choice

If the average variable cost curve is above the marginal cost curve, then

• A) marginal costs must be decreasing.
• B) average variable costs must be increasing.
• C) marginal costs must be increasing.
• D) marginal costs can be either increasing or decreasing.

---

Definitions:

Mainstream Ideologies

The dominant set of beliefs, values, and norms that are widely accepted and circulated within society.

Alternative Views

Perspectives or opinions that diverge from the mainstream or commonly accepted ones.

Taken-For-Granted Ideologies

Refers to widely accepted beliefs or assumptions that are seldom questioned or critically examined.

Hegemony

The dominance of one group over others, politically, socially, economically, or culturally, often maintained through consensual power dynamics and ideology.